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Vishay Intertechnology (VSH) Dips More Than Broader Markets: What You Should Know

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Vishay Intertechnology (VSH - Free Report) closed at $21.97 in the latest trading session, marking a -0.5% move from the prior day. This change lagged the S&P 500's 0.46% loss on the day.

Coming into today, shares of the chipmaker had lost 0.32% in the past month. In that same time, the Computer and Technology sector gained 2.57%, while the S&P 500 gained 1.69%.

Investors will be hoping for strength from VSH as it approaches its next earnings release, which is expected to be August 10, 2021. The company is expected to report EPS of $0.59, up 227.78% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $820.8 million, up 41.1% from the prior-year quarter.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.18 per share and revenue of $3.22 billion. These totals would mark changes of +136.96% and +28.79%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for VSH. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.31% higher. VSH is currently a Zacks Rank #3 (Hold).

Investors should also note VSH's current valuation metrics, including its Forward P/E ratio of 10.13. Its industry sports an average Forward P/E of 15.15, so we one might conclude that VSH is trading at a discount comparatively.

Also, we should mention that VSH has a PEG ratio of 0.5. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Semiconductor - Discretes industry currently had an average PEG ratio of 0.5 as of yesterday's close.

The Semiconductor - Discretes industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 119, putting it in the top 47% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

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